Obviously, these costs vary by size, style, area, overall conditions in the marketplace and a host of other considerations, but generally speaking, most home builders follow a version of this economic model.
Builder Costs (21%)
Sales Commissions
Closing Costs
Deferred Marketing
Advertising
Contingency
General Administration Cost
Profit
Income … [Read more...]

Buyer - "All we did was add a $100 ceiling fan?!?"
Builder - "You didn't just add a ceiling fan."
What really happens when you want to make a change?
When contracting to build a new home it is very important to get all the upgrades and changes to the standard house plan agreed to up front in the initial contract. Once the building permit is received and … [Read more...]

Virginia State Law dictates that a new home must be warranted by the builder that builds it.
That is all well and good but a warranty on a home is far more complex than a warranty on a toaster and to understand what protections come with the purchase of new home, you need to do some reading of some fairly small print. Once you begin to do your homework, you quickly realize … [Read more...]

The most noticeable difference is price per square foot....but basing your decision on that metric alone is not going to tell you the whole story and if your Realtor (buyer’s agent) is telling you that the best value is the lowest square foot price, you probably should get a new buyer’s agent.
The difference in price comes from the combination of materials, selections and … [Read more...]

804.767.7566

How Do I Schedule a Showing or Find Out More?

I am Kendall C. Kendall, Client Care Coordinator for the team. I am a licensed Realtor and it is my job to answer questions and schedule showings for the properties shown on our sites. Here's our call policy.

Working With Buyers

I love new homes...always have. In my 20+ years in real estate, I feel lucky to have seen nearly every aspect of the building business close up. From design and permitting to development and finance, I have been involved in every facet of the new construction process. If you are considering building a new home, don’t go it alone. Spend a moment on our blogs to understand the depth of our knowledge about Richmond's new home market.

Some of Our Thoughts

“Many new homes now feature elements that will allow their owners to age in place. This is becoming more prevalent than ever.” The design of homes is changing. As housing becomes progressively more expensive and a greater percentage of our population ages more quickly than ever before, our collective view of what we want to […]

All of the information displayed here is deemed to be gathered from reliable sources but no warranties, either express of implied, are made part of this site. Additionally, the IDX Feed for listing information may contain descriptions of properties not represented by One South Realty, its agents or staff and any violations or misrepresentations are the sole responsibility of the listing brokerage of the subject property in violation.

I agree to provide equal professional service without regard to the race, color, religion, sex, handicap, familial status, national origin or sexual orientation of any prospective client, customer, or of the residents of any community. Any request from a home seller, landlord, or buyer to act in a discriminatory manner will not be fulfilled. test